Samsung is preparing a cheaper version of its upcoming foldable clamshell smartphone, the Galaxy Z Flip 7 FE. A leak from Korea has just revealed the estimated price.
Foldable smartphones are becoming increasingly popular, but their price remains a major obstacle. Samsung is looking to change this with a strategy already tested on its classic ranges: offering a more affordable FE model. After the Galaxy S21 FE and Tab S9 FE, the brand is preparing to apply the same recipe to its folding catalog.
According to a report from Korea, Samsung plans to unveil the Galaxy Z Flip 7 FE alongside the Z Fold 7 and Z Flip 7 models at its Galaxy Unpacked event, scheduled for early July in New York. This new model would take on the design of the Galaxy Z Flip 6 while cutting costs via older components. Its starting price in Korea would be around 1 million won, or about 645 euros. Although prices vary by market, this gives a good indication of its price positioning.
The Galaxy Z Flip7 FE aims to make foldable smartphones more accessible
As with previous FE versions, the goal is to make foldable technology more accessible. In Europe, the Galaxy Z Flip 7 FE could be priced around €799, compared to over €1,200 for the high-end versions. The smartphone would be available in 128GB and 256GB storage versions. At this price, Samsung hopes to appeal to a wider audience without cannibalizing sales of premium models. This intermediate positioning would also allow it to compete with Chinese brands in the foldable segment.
The savings would be made on several key elements. The Galaxy Z Flip 7 FE would feature a home-grown Exynos 2400 SoC, less powerful than the Snapdragon 8 Gen 3 expected on the Z Flip 7. The RAM would also be reduced to 8 GB, compared to 12 GB on the higher-end model. Despite these compromises, the latter would retain the screens of the Z Flip 6: a 6.7-inch main screen and a 3.4-inch external screen. It would therefore be a balanced device, designed to offer the essentials of the foldable experience at a reasonable price, while retaining the much-appreciated compact format.
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